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Crowd'in

Active
Private limited company (pre-2019)founded 2014active for 12 yearsRue Vinave 37, 4690 Bassenge, BelgiumKBO/BCE: BE 0543.751.613
Summary

Crowd'in has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€7,619) and a net result of -€3,405. Equity is shrinking by about 42% per year across the filed financial years. Its solvency ranks better than 5% of 8,793 sector peers (NACE 73, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 27 October 2026.

Equity
-€7,619▼ 80.8%
2023 · -€4,214
Total assets
€6,246▲ 18.5%
2023 · €5,269
Net result
-€3,405
2023 · €7,329
Working capital
-€7,619▼ 80.8%
2023 · -€4,214
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result turns negative in 2024: a loss of €35 after €10,863 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€35 2024 Net result-€3,405 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result-€10,853--€18,543▼ 70.9%-€2,242▲ 87.9%-€3,253▼ 45.1%-€3,773▼ 16.0%€10,863-€35
Net result-€10,941--€18,510▼ 69.2%-€2,311below the sector's middle half▲ 87.5%-€3,341below the sector's middle half▼ 44.6%-€3,978below the sector's middle half▼ 19.1%€7,329within the sector's middle half-€3,405below the sector's middle half
Equity€16,597--€1,913-€4,224below the sector's middle half▼ 121%-€7,565below the sector's middle half▼ 79.1%-€11,543below the sector's middle half▼ 52.6%-€4,214below the sector's middle half▲ 63.5%-€7,619below the sector's middle half▼ 80.8%
Total assets€25,044-€7,031▼ 71.9%€6,177below the sector's middle half▼ 12.1%€10,983below the sector's middle half▲ 77.8%€4,824below the sector's middle half▼ 56.1%€5,269below the sector's middle half▲ 9.2%€6,246below the sector's middle half▲ 18.5%
Debt€8,447-€8,944▲ 5.9%€10,401▲ 16.3%€18,548▲ 78.3%€16,367▼ 11.8%€9,483▼ 42.1%€13,865▲ 46.2%
Working capital€12,237--€3,753-€4,224below the sector's middle half▼ 12.5%-€7,565below the sector's middle half▼ 79.1%-€11,543below the sector's middle half▼ 52.6%-€4,214below the sector's middle half▲ 63.5%-€7,619below the sector's middle half▼ 80.8%
Solvency66.3%--27.2%▼ 93.5pp-68.4%below the sector's middle half▼ 41.2pp-68.9%below the sector's middle half▼ 0.5pp-80.0%below the sector's middle half-122.0%below the sector's middle half▼ 42.0pp
Current ratio2.84-0.58▼ 2.260.59below the sector's middle half▲ 0.010.59below the sector's middle half=0.56below the sector's middle half0.45below the sector's middle half▼ 0.11
Return on assets (ROA)-43.7%--263.3%▼ 219.6pp-37.4%below the sector's middle half▲ 225.8pp-30.4%below the sector's middle half▲ 7.0pp139.1%above the sector's middle half-54.5%below the sector's middle half▼ 193.6pp
above within below the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€13,865▲
2023 · €9,483
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,907 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.4% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.2% stopped otherwise
85.4% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,907 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€5,269€6,246▲
Current assets29/58€5,269€6,246▲
Amounts receivable within one year40/41€1,591€3,056▲
Trade receivables40€1,591€3,056▲
Cash at bank and in hand54/58€3,678€3,190▼
Equity and liabilities
Total equity and liabilities10/49€5,269€6,246▲
Equity10/15-€4,214-€7,619▼
Contributions10/11€10,200€10,200=
Capital10€10,200-
Issued capital100€18,600-
Uncalled capital101€8,400-
Reserves13€1,655€1,655=
Non-distributable reserves130/1€1,655€1,655=
Legal reserve130€1,655-
Reserves not available under the articles1311-€1,655
Profit (loss) carried forward14-€16,069-€19,474▼
Amounts payable17/49€9,483€13,865▲
Amounts payable within one year42/48€9,483€13,865▲
Trade debts44€6,393€12,149▲
Suppliers440/4€6,393€12,149▲
Taxes, remuneration and social security45€1,136€90▼
Taxes450/3€1,136€90▼
Other amounts payable47/48€1,954€1,626▼
Income statement Code20232024
Other operating charges640/8€384€387▲
Gross operating margin9900€11,247€352▼
Operating profit (loss)9901€10,863-€35▼
Financial charges65/66B€3,534€3,370▼
Recurring financial charges65€3,534€3,370▼
Profit (loss) for the period before taxes9903€7,329-€3,405▼
Profit (loss) for the period9904€7,329-€3,405▼
Profit (loss) for the period to be appropriated9905€7,329-€3,405▼
Appropriation of the result
Profit (loss) to be appropriated9906-€16,069-€19,474▼
Profit (loss) brought forward from the previous period14P-€23,398-€16,069▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,416€4,320€1,840-----
Other operating charges640/8---€440€347€384€387▲ 0.8%
Gross operating margin9900-€2,649-€13,655€46-€2,813-€3,426€11,247€352▼ 96.9%
Operating profit (loss)9901-€10,853-€18,543-€2,242-€3,253-€3,773€10,863-€35-
Financial income75/76B----€72---
Recurring financial income75--€5-€72---
Financial charges65/66B---€88€277€3,534€3,370▼ 4.6%
Recurring financial charges65€110€88€74€88€277€3,534€3,370▼ 4.6%
Profit (loss) for the period before taxes9903-€10,941-€18,510-€2,311-€3,341-€3,978€7,329-€3,405-
Profit (loss) for the period9904-€10,941-€18,510-€2,311-€3,341-€3,978€7,329-€3,405-
Profit (loss) for the period to be appropriated9905-€10,941-€18,510-€2,311-€3,341-€3,978€7,329-€3,405-
Line2018201920202021202220232024Change
Assets
Total assets20/58€25,044€7,031€6,177€10,983€4,824€5,269€6,246▲ 18.5%
Fixed assets21/28€6,160€1,840------
Intangible fixed assets21€6,160€1,840------
Current assets29/58€18,884€5,191€6,177€10,983€4,824€5,269€6,246▲ 18.5%
Amounts receivable within one year40/41€1,834€1,425€2,456€3,215€3,611€1,591€3,056▲ 92.1%
Trade receivables40---€3,215€3,611€1,591€3,056▲ 92.1%
Cash at bank and in hand54/58€17,050€3,766€3,721€7,430€1,213€3,678€3,190▼ 13.3%
Deferred charges and accrued income490/1---€338----
Equity and liabilities
Total equity and liabilities10/49€25,044€7,031€6,177€10,983€4,824€5,269€6,246▲ 18.5%
Equity10/15€16,597-€1,913-€4,224-€7,565-€11,543-€4,214-€7,619▼ 80.8%
Contributions10/11€10,200€10,200€10,200€10,200€10,200€10,200€10,200=
Capital10---€10,200€10,200€10,200--
Issued capital100---€18,600€18,600€18,600--
Uncalled capital101---€8,400€8,400€8,400--
Reserves13€1,655€1,655€1,655€1,655€1,655€1,655€1,655=
Non-distributable reserves130/1---€1,655€1,655€1,655€1,655=
Legal reserve130---€1,655€1,655€1,655--
Reserves not available under the articles1311------€1,655-
Profit (loss) carried forward14€4,742-€13,768-€16,079-€19,420-€23,398-€16,069-€19,474▼ 21.2%
Amounts payable17/49€8,447€8,944€10,401€18,548€16,367€9,483€13,865▲ 46.2%
Amounts payable within one year42/48€6,647€8,944€10,401€18,548€16,367€9,483€13,865▲ 46.2%
Trade debts44€5,560€8,437€7,873€14,386€13,619€6,393€12,149▲ 90.0%
Suppliers440/4---€14,386€13,619€6,393€12,149▲ 90.0%
Taxes, remuneration and social security45---€2,082€795€1,136€90▼ 92.1%
Taxes450/3---€2,082€795€1,136€90▼ 92.1%
Other amounts payable47/48---€2,080€1,953€1,954€1,626▼ 16.8%
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€10,941-€18,510-€2,311-€3,341-€3,978€7,329-€3,405-
+ Depreciation and write-downs630€7,416€4,320€1,840-----
Operating cash flow (approximation)-€3,525-€14,190-€471-€3,341-€3,978€7,329-€3,405-
Investment in fixed assets (approximation)-€0------
Change in cash--€13,284-€45€3,709-€6,217€2,465-€488-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 31-08-2025 2025-00473226
31-12-2023 micro format 20-09-2024 2024-00466908
31-12-2022 micro format 29-08-2023 2023-00370735
31-12-2021 micro format 06-09-2022 2022-20423762
31-12-2020 micro format 12-10-2021 2021-71900502
31-12-2019 micro format 08-10-2020 2020-60000409
31-12-2018 micro format 28-08-2019 2019-61100405
31-12-2017 micro format 27-08-2018 2018-51200300
31-12-2016 micro format 29-08-2017 2017-53300252
31-12-2015 full format 31-08-2016 2016-56400143

Show all 11 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 9,791 active companies whose main activity is advertising agencies (NACE 73110), figures are known for 3,827. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.